Russia

Market Information

Capital
Moscow 
Languages
Russian, English
Population (as of September, 2021)
146,008,058
Territory
17,130,000 km²
Currency
Russian ruble (RUB)
GDP
 $4,133 billion (2020)
GDP growth (2020)
-3%
GDP structure
agriculture: 5% 
industry: 32%
services: 62%
Leading exports
China: 13.4%
the Netherlands: 10.4%
Germany: 6.57%
Belarus: 5.08%
Turkey: 4.95%
South Korea: 3.83%
Italy: 3.36%
Kazakhstan: 3.34%
the UK: 3.11%
the USA: 3.09%
Key industries
oil and gas
mining
processing of precious stones and metals
aircraft construction
rocket and space production
nuclear industry
production of weapons and military equipment
electrical engineering
pulp and paper industry
automotive industry
transport
road and agricultural mechanical engineering
light and food industries
Leading imports
2020 
the EU: 44.8%
Asia: 44.3%
North America 6.5%
Latin America (excluding Mexico but including the Caribbean): 2.7%
Africa: 1.1%
Australia and Oceania: 0.4%
Industrial Centre
Moscow
St. Petersburg
Surgut
Nizhnevartovsk
Omsk
Permian
Ufa
Norilsk
Chelyabinsk
Unemployment level
2021 г.
4.8%

Corruption Perceptions Index
30 (2021)
Easy to do business with
28th place out of 190 (2020) 
Economic freedom
92nd place 

International agreements

Membership in the Customs Union
since  2010

Free trade zones

39 SEZs (Special Economic Zones):
  • 20 industrial and production
  • 7 technical and innovative
  • 10 tourist and recreational
  • and 2 ports.
For 15 years of work, more than 900 residents have been registered in the SEZs, of which more than 140 companies with foreign capital from 42 countries. Over these years, the total volume of declared investments amounted to more than 1.17 trillion rubles, investments made - more than RUB 560 billion, working places created - more than 44.6 thousand , about RUB 194 billion were paid in tax payments, customs deductions and insurance premiums.

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